• Eurozone’s economy expands at 0.3% in the fourth quarter

Market news

12 February 2016

Eurozone’s economy expands at 0.3% in the fourth quarter

Eurostat released its GDP growth figures for the Eurozone on Friday. Eurozone's preliminary gross domestic product (GDP) increased by 0.3% in the fourth quarter, in line with expectations, after a 0.3% gain in the third quarter.

On a yearly basis, Eurozone's preliminary GDP rose by 1.5% in the fourth quarter, in line with expectations, after a 1.6% gain in the third quarter.

Eurostat released no details of the component breakdown of GDP.

In 2015 as whole, GDP increased 1.5%.

The U.S. economy grew 0.2% in the fourth quarter, after a 0.5% growth in third quarter. On a yearly basis, the U.S. economy expanded at 1.8% in fourth quarter, after a 2.1% increase in the third quarter.

Market Focus
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer
Open Demo Account & Personal Page
I understand and accept the Privacy Policy and agree to my name and contact details being used by TeleTrade to contact me about this.